CHINESE VOTE IN GENERAL ELECTION
The votes are counted at the Peking Municipal Congress which unanimously elected Mao Tse-tung; Liu Shao-chi and Chou En-lal-Express Photo.
German Parachute School May Be Opened Shortly
By A Special Correspondent
Muelheim, Ruhr, Sept. 14.
THE CHINA_MAIL, WEDNESDAY, SEPTEMBER 16, 1954,
The first West German parachute jumping school since World War II is likely to be opened here soon by a 34-year-old former Messerschmidt test pilot, Heinz Cirnth.
Herr Girnth, who is now a salesman, flew in Goering's air force. He hopes to get Allied permission to resume the jumping which he did professionally before the war,
ԱՐ
by the pilot, without
TRADE
angel
FEDERATION RICE CONTROL
Malaya Official Replies To The Economist
London, Sept. 14, .
The Economist has published a letter from Mr O. A. Spencer, member for economic affairs in the Federation of Malaya Administration, referring to "important omissions and misstate- ments of fact" in a recent article on Malaya's rice on August 28.
Mr Spencer said it was incorrect to say, as the Economist did, that the Malayan Government had a monopoly of rice but tolerated a small 'Frce market.
He went on: "The Federation, now grows more than 50 per cent of its rice requirements and the grower is free to dispose of this as he likes best (excepting to the terrorists of course).
COMMERCE SECTION
NO INCREASE IN SYNTHETIC RUBBER PRICE
Washington, sept, 14. Administrator Lawrensa D, Robbins of the Federal Follities Corporation said today that no price rise in contemplated in the price of synthetic rubber,
The
Federal Facilities
Corporation is the succes sor to the Reconstruction Finance Corporation In
handling aynhelle rubber programmes and pricing for the Government.
→ Asked to comment on New York market rumaury that a synthetle rubber price. rice
Imminent,
Mr Robbins told the United Press: "No rise is .CON- templated."
HONGKONG
STOCK EXCHANGE
In addition there have usually and how it should return the been substantial quantities of import trade in rice entirely to (From Our Correspondent) "free" rico Imported under private hands. Your article licence, so that Government does not mention the Arst,
Business done on the Hong- sates of rice have been between although (unless
Stock the Govern kong
Exchange this 30 and 10 per sent of the rive ment is to face unlimited sub- morning amounted to $340,710. moving into consumption.
sidies)
It must have obvious Noon quotations and the implications at a time of failing external
for Import policy morning's transactions: prices for rice. The other two problems are criticised rather ihan discussed from both points ef view. Thus you dismiss the reserve stock because it 'could only postpone the crisis by a matter of months.'
Thus in fact the 'free market has been secounting for between three-fifths and two-thirds of the consumption.
re:
"The real questions facing the Federation Government Firul, whether 10 keep ti guaranteed minimum price for the local
Krower;
second; whether to continue to hoki n reserve stock; and third, when
World Rubber
Markets
SHARES DUYERS SELLERS SALES BANKS
BK. Dank .. 1710 1720 Enst Asta
190 INSURANCES
10 a 178
Union
DOO DO
Underwriter
7.53
Provident (0) 14.50 141 1000
Wheelock
22.00
7.00 7.50
DOCKS, ETC.
Dock
LAND, ETC.
itx Hotel
TIC
Land
101
101⁄2 10.70 1800
2800 or 10.dě
47
70.00 .2.0719 2.15 ...... 10.40 LB.70
CRITICAL MONTHS "But these months (and they would be probably more than your article would imply) would be critical unes and would give Humphreys the
Renky time government
to (1) UTILITIES control organise
of the local
TYK crup and rope it into the ration- ing scheme and, (2) seek out- Fide aid in the form of rice from more distant sources supply perhaps even the re- storation of IEFC.
Singapore, Sept. 14. The market opened steady en good receptance from overscas. There woa trade support but
and selling The profit-taking essed prices fowards the close.
Future closings were:
later in flew the first German turbine-
WH
by
A fair-haired milling snan uf; He needed his parachute three, sengers, medium height, he wants his or har mes during the war the need to frighten passengers parachuting to serve only peace when his fighter was shot down. by first making them buckle on Iul purposes and sport.
His experience includes a period parachutes. Sitting in his small modernas lying Instructor and he also
He la
In particularly enthusiastic fat in
back-street block
about a new type of triangular this grimy Industrial town. he
engined plane, the Messersch- parachute which told me that he
WON partly no interested mid: 202 just before the end of developed in Germany of the in military affairs. have had the way.
me of the war. end All of that."
It has since added
He has regained his interna-been completed
himself and emphatically
tional plot's licence since the a friend who have hud 132 written -]
is one of the though he had 10. Ko to world's veteran quiries from
parachutists, young people who Italy to do it, since Germans Richard Kohnke. Kohnke, who want to
including we are still effietally forbidden lives near Heidelberg. Jump.
has made Frenchmen
Cunaction y powered and one
mchines in Wer 302 parachute descents. the Best Canadian Infanta 11om Brigade group stationed at Soral,
Herr Girnth believes modan near the Ruhr.
We have
gliders are very good but that good wishes sent to us from at!
measures taken are far afield us the sports
Many of the glide. very proer. pilots "are completely clucices, and cannot even bale oul on a argune the jumps at Muelheim- Essen auport, and that he had parchute rrents helped ta Jump
had
Germany.
Jumpers of New Zeal Purne butele safety
Merr Grath.
who wants
organise the
West
of the Best German to urej a parachute deliberalety in Germany smer the war. Herr Herbert Immiendort, ot
Cologne, a prospective of the Ghanth "ircus.
He was
trom bired aueraft on July 11 this year, and "it went
T
Could Have Been
mitted
Saved
|
The parachute is made of top quality perion and is generally langular in shape, but retains the usual ribbed pattern of the classle sound parachute. The
new one has no hole in the centre of the top, as the old ones have
The new
quipment has still to be fully tested and licensed in West Germany-Herr Girntly latends to do some of the test Jumps himself.
is also Intended to display it to the He recalled that in several North Atlantic Treaty authorities gliding accidents at West Ge - when it is ready. many recently-gliding is per- Herr Kahale. wire produces
by the All-some about 200 people could easily have been at his works
of these parachutes, paved if they hail parachutes and went with a team to Spain last near Heidelberg, had known how to use them. Jun to display then. He sells
He also believes that
that it must his entire production to Spain, be possible to use parachutes in Egypt, anal Sweden. passenger planes. says, is that passengers, at the claim that
The snap, he Herr Girnth and his friends the new parachute very sight f parachute, tend
aimort no jesic as it unfolds, to become panicky and fear that that its Innding, speed is con- something has gone wrong.
siderably lower than that of the Some way should be found, he old paracinutes, and, that it is perzchule falls it is always the believes, for parachut to be completely free of sway, even in man's fauil,
built into the seats of the pas-high wind, thus enabling the parachute's."
sengers, which could then be parachutists to make an upright ejected, complete with pas-landing-China Mail Special.
West
of perfectly. Nor trundle at all
Immendorf had accused a kperint
Allied licence 10 Jump, fer parachuting has been forbid- den be the Allies £2 Germun since the war.
Herr Grath is now organising first perachute packing cotirse—"'ens of the most im- portant things for a parachutis!.
exceedingly rarely,
Ir,
never
LI
the
He has been promised help by somt old fighter pilat friends! In running his school and flying| the planes.
He has also had a “hopeful”. reply from the German Red Cress to his suggestion that hel should train doctors and nurses: in parachuting for use in moun- tain, flood or other rescue opera- Lions.
There has been some Ger- man parachuting
all of it abroad,
already, but Herr Ginth
says. Ho has every intention ot training a team to take part in
the 1965 world parachuting
hus
Build New Towns
For London
In The Empire
London, Sept. 14.
London's New Towns designed by the championships, and he will take Socialist Government to ease London's population
part himself.
He all intends to become a
team at Farnborough, England,
problems
No. 1 rubber per lb. Sept. 10%-70%
Oct, 101-10 Nov. unquoted 001-7011
No. 2 rubber per lb. Sept, No. 3
po rubber ́unbaled No. 4
Blanket crepe
No. 1 pale crede
of
"You say that the rice position 'has steadily Improved since the winding up of IEFC in 1948. facts are that it
got steadily worse from 1050 1932-frem a consumer angle- reaching fantastic with prices fevels.
Yaumati Ferry 183
C. Light (0) 10.30 15.00 C. Light IN) 12.30 12.70 Eleveld XD, DEK Telephone
22
2015
Ecuador The Main
Buyer Of Canadian Wheat
Winnipeg, Sept. 14.
Canadian sales under the International Wheat Agreement totalled 3,841,000 bushels in the week ending September 7, with Ecuador, Germany and the Netherlands the biggest buyers.
The Canadian Wheat Board reports
that Ecuador Bought 098,000 bushols during the week, Germany 393,000 bushels and the Netherlands 377,000 bushels.
Other big buyers during the period included Japhn, 323,000 bushels; Belgium, 321,000 bushels: Yugoslavin, 319,000 bushels; Philippines, 191,000 bushels; and Venezuela, 83,000 bushels.
Germany, South Africa and Japan were Canada's chief cur- tomers so far this crop year however, having bought 8,400,- 000, 6,000,000 Brai 4,350,000 bushels respectively.
AUSTRALIAN WHEAT
NEW YORK STOCK MARKET
New York, Sopt. 14. Stocks in the New York Exchange advanced today with industrial shares closed
in new high ground despite late profit-taking.
to
Industrials, with gains ranging more than points In humerous special Issues
م
Its best market in India, where Australian whent was anding sales to September 3 totalled averaged 80 centa. higher, their 4,107,000 bushels, the Board re- best since Oct. 11, 1920. ported, Brazil was the biggest
Utilities were 23 cents up_on; buyers of United States whent with purchases through Septem-average and rolls were a fow ber 3 totalling 7,380,000 bushels. 2,100,000 sharey compared with. ocnts tower. Volume totalled
Other countries buying 2,000,000 yesterday. Canadian whent during the
In the olls, 24.30 Costa Rica, Cuba, Dominican NeN. J. gained point, Westing
week ending September 1 were
high-prince Amerada rose 14. Standard aft public. Hahl, Ireland, Nicaragua house Electric responded to an and Panama, all buying Tesa
optimistic report by its President than 20,000 bushels ench.--- United Press.
yesterday with a gain of s paint, Steels were easier.
The New York Stock EX- change bood volume WAS $3,021,000.
100 € 10.30
500 15.00
632 ₫ 2015 21.30 27.00 500 2015
400
INDUSTRIALS
Cement
STORES, ETC.
Delty
..... 24.70
25
300
15
7.10
Chicago Grain Market
Chicago, Sep, 14. Rye futures led a rally in, the 1000 € 27.40 groin list on the Board of Trade but
the trend. 2440 today,
whe Market 24.60 irregular at the close,
observers' said that strength `in-
24.70
500 ₫ 24.80 the rye market both at Chicago Watson
.... 17.00 COTTONS.
and Winnipeg, reflected buying Textile Corp.
by traders who expect. Western Nanyang 15.20 10.40 2000 10.40 Germany to buy about four-
$250 10.20 million bushels of North Ameri MISCELLANEOUS
Half of 407 4.10 4000 ₫ 4.05 con rye on Thursday.
the order is scheduled to go to the United States and half Canada,
-60% 671-60 09-09%
"AJI the principal Asinn countries were scrambling
to
buy rice on government
to
Allied
07-0715
70-80
NEW YORK Futures today closed 6 to 18 points lower with sales of 20 contracts.
of
government contracts, and what was left over bath in Southeast
Asia and in other parts of the London Foreign
world, fetched even prices still.
ONE TENTH
bigher
"Since Washington denial of remours
the Federallan's im- Increase in port account for less than one an impending the Government's price for tenth of the world's export synthetic rubber and lower surplus, the abstention of the primary
market
Government from cables do- Federation termical market these official contracts could not minated the
have broken the sellers' market; action.
Ita it would merely have left
to merchants (and consumers) pay through the nose.
*་
am
also
by your puzzled reference to the cost of special
The spot market ruled quiet and steady with No. 1 spot Res quoted at 24 cents a pound. Future closings:
Dcc.
Mar,
May
July
Seni.
Dec.
LONDON
Exchange
New York
London, Sept. 14
2.0015-2800/16
Montreal Amsterdam
locked Mark
2.30 3/10.-2.72V, JOAL -10.81% 11-11 13/10
Tromburg
Copenhagen
PATIS
0784-0783
Blockholm
14.4792-14,48
Zurich
12.20-12.2012
Others were unchanged,
United Press.
11.731-11,73 19.4116-19.42
fees and licences to say nothing New York Foreign
of a touch of corruption,
"The free market is largely
ог
Exchange
rest, there are no licence special feca for import of any England-official The market was quiet but significance. As for corruption, steady with No. 1 spol Res there was an integrity commis-
20% pence
per Ib. sion in active session that would South Africa quoted at
have Prices:
welcomed any information Holland..
Others you or anyone else could, give Press. No. 1, not RAB
2014-27 them. Selitement house term: Oct.
Your endorsement, admitted- 202-2016 2014-2016 ly rather half-heartedly of the argument that the Government 2011-201
because 2012-201 sticks to rico
Oct./Dec.
Jan./Mar.
Apr./June
July/6ept.
Bept.
Oct. Nev. Extato crepe thin
The American Stock Exchange volumo Was 640,000 shares.---- United PresE.
World Cotton Markets
New York, Sept. 14. at the close today to climax an Cotton prices rallied spiritedly, to otherwise
Dession.
quiet and
thought
mixed
Brazil is duo in the North Closing around the highs the American market on Friday for list finished net unchanged, to about four-million bushels of up. 21 points. The market
from the wheat, half
United opened off 2 to 7 points. Now
Orleans closed unchanged to up States and half from Canada,
20 politi, Brazil is negotiating today for Technician's
the 3,730,000 bushels of US hard markets internal situation had winter wheat in exchange for been
by the three strategie materials for tho | decline of around $2 a bale
week's low Government crop Favourable crop prospects for estimate. corn, oats and soybeans
Conversely, buyers were slow tinued to depress these markets. to fellow advances above the Wheat closed off to up previous close, pointing out scybeans of 5% to up 1% that the
strengthened
US Atomic Energy Commission. from the highs made after last
cents.
con-
At Winnipeg.
was whent priced at 102
cents for No. 3, Northern, and for No. 5, It was at 150 cents per bushef.
CHICAGO ORAIN PRICES
sepson of heavy marketing looms directly ahead and they preferred to see how cotton goes under the much loan and what percentage flows into the "free" market
Trading volumes.
and open interest in the Exchange today
were: .
24.03 24.70
24.78
24.75
24.30
24.00
the local crop which is hardly subject to control and, for the
New York, Bent. 14.
7.80% unofficial
3.00-1.71 30-day futures 50-day futures 2,001
2441
wero
unchanged-United
Chiengo, Sept. 14. Prices per bushel in cents:
Month
Closing
DCL.
Volume 32,100
Open Interest
(103,300
Dec.
57.500
Prices
MOT.
24.000
Wheat, No. 2, red
May
30.000
Spot
217n
10,300
224,200
LONDON WOOL TOPS MARKET
Bept.
21476
Oct.
Dec.
Mar.
Totol
283,300
2,500,038 bafem
May
21034-4%
July
London, Sept. 14. the Government's withdrawal
Wool tops futures market Spot from sugar and substantial re- ductions in the staff and budget lows. Future closings:
closed sleady; turnover was 100 of the Supplies Department which have already taken place this year.
Corn. No, 2, yellow
Sept. Dec Mar.
Spot.
Oot.
Jan.
OTHER COUNTRIES
"Finally, It seems to me re- markable. that your article
Allar Muy July
Bopt.
Ool.
nowhere mentions the practice
Jan. Mar
"the General markets, cif basis, porta: officials would lose their jobs' 20-0/38-20-11/10 reads a little oddly in face of 2016-201%
231-2324
AMSTERDAM
The rubber market was quiet, All prices in guilders per kilo-| gram, CIF Oct..., closed follows:
No. 1 rubber
No. 1 rubber
No, rubber
No. 1 crepe
2. nom. 201 nam,
2.00 nom.
2.27 nom.
United Press
DS
NEW YORK COCOA PRICES
Cocoa apot
Adera
BANÍS
Venezuela
New York, Sept.:14,/
dr Closing Prices
Sept, 13 Gept, 14
B450 unreceived
51.04
4020
-United. Prete.
of the Governments of the other Asian countries which are traditional Importers of rice.
If
of
130-13746 May July 194-15% Ryn 120%-13 Bept. 13914-185 Dec. 13-130 13314-1339;
NEW YORK
Prices of futures closed today
as follows:
Spot
Oct
Dec.
Mar
Gate
131-137 130-131**
Bept. Dec.
14794 14034-16
70%
May
July
Dec.
Soybeans, No. 2, yellow
„United Press
Spot
20416m
Flept,
Nov.
Ján
34.99-35.00
អួតថា
NEW ORLEANS
Prices of futures closed today
hot as follows:
Spot
276-276):
Barter TOPS MARKET.
July
Dec
May
Spot
140-380
July
New York flour
200 in. snck
Oct
$14.70: United PrERN.
Dee.
Mari
RAI
1045
1004b
109.00 180.00
It did it would have to point NEW YORK WOOL M aut
that they
have all bought government to government con- tracts too, and that some them (Coylon. Japan, In
Now York, Sept. 14, 'Wool topa donesia, and India), have con-
futures opening tracts which run ahead till 1954 prices in conts per lb. were n or later policy which the follow
Dotober Federation has never adopted.
December One outstanding factor the improvement in the sllun- tion since 1953 has been the dis- tess Lappearance of India as a major
Grease, wool futures prices closedí Importer. In
the 'produc» | #a:follows: TARIFF DECISION the principal Importion
October... December over countries Jumped by Washington, Sept 14.4,000,000 tons compared with The Tarif Commission today 1981/1982, and of Uils India de- announced President hower approval of its decisión
for about 8,000,000. Hot to conduct a formal investie this helps to bring into
bile of dried ng import
are not succeeding in their mission, member of the display jumping says a Tory MP, Mr Frederick Gough (Horsham). Coeds future Deto whore he and his friends will Mr Gough, à former para "What Happens when Lon display, some time next year, a trooper, who has the new town doners move from their houses how type
of
parachute which of Crawley in his constituency, and data and come
to places they have developed anti which has been making a study of the ilke Crawicy? Almost immedi- they claim has been very problem.
alely their old accommodation successful,
His answer: an ambitious plante died by another family in to build new towns, not near many cases immigrants from the North Country and the Midlands."
Herr Girnth's paraduting is
to be done with the North Rhine-London-but in Empire coun. Westphallon branch of the West tries.
German Aero Clubs. The branch
la negollating in Britain for the purchase of 17 old Tiger Mets, from which the Jumpors would
"WHAT HAPPENS?''
Says Mr Gough: "There is no
that
of
cropith 70 parachute, jumpa to his towns are cucesful in them-
Mr. Gough has been making Inquiries, from -- Canadian and
in London,
quite ID
Continwonth, sourens
aredit before the war, and with solves-Crawlty in an out Jumpers llcence number 13 for standing dxample with its iho haya the whole of Germany still in his industrial, estate and well laid possession, Herr Grath has de out social hemelbourhood, Boend finite Sylews on the value of but now they serving the pitre be an parachuting fur, kiz safety, a pose they were created for?
ah idea
response
had
"The Cornmlinton reported:
May Reptember
· May (
chuir millong it is doly Exchang
cont of Asia's
hoped that
be a Bast well as a mar
Winnipeg Grain Prices
Winnipeg, Sept. 14.
LIVERPOOL
Closing prices,
American middling cotton, 18/18 inch,in pence per lb, were, ns follows;;
May/Jung per bushel in Canadian Fly/85. Cosing Prices
VAA SAO PAULO· Futures closings, in bor kilo are as follows!;
'cent:
160.3b
68,405